Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a $280 movement on NZDUSD within 4 hours following the event release at 08 Nov 15:00. We expect NZDUSD to trend downwards 4 hours following the event release at 08 Nov 15:00 if the released value is < 95.9 Historical events that allowed us to draw this conclusion
16 Aug 14:00 |
19 Jul 14:00 |
14 Jun 14:00 |
18 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
